According to a new report out of Variety, Apple is looking to enter the TV and movie production industry in a way similar to how Netflix has recently done. The report claims that Apple has been looking to hire both actors and directors to create production divisions that would produce exclusive long-form content in-house.

A comprehensive change in the way the software functioned and a lack of legacy features from the prior version gave the app a reputation for being “iMovie Pro” rather than a true professional desktop video editor. Soon after its launch, Apple addressed the flood of criticism with an FAQ site and a promise that more features would slowly become available in the new version.

Nearly four years later, the first Hollywood film edited in Final Cut Pro X is set to be released. To showcase the movie debut and FCPX’s role in the film, Apple has launched a microsite detailing the production. expand full story

Sources familiar with the deal tell TMZ … Kim’s cut is 45% of net profits. The game — “Kim Kardashian: Hollywood” — is set to gross a reported $200 million this year alone.

We’re told the actual expenses associated with the business are relatively low. A straight 45% cut of $200 million totals a whopping $90 million. To put this in context … according to Forbes, Kim made $28 million last year.

Keep in mind that the app itself is free. All of that revenue is from in-app purchases like a $59 “Huge Star Pack” and other in-game items users purchase while playing celebrity in the Glu developed game. Expenses for the games are reportedly somewhere around $10 million, but there’s no word on if these numbers take Apple’s 30 percent cut into account. The revenue estimate of $200 million is reportedly for this year alone after the title launched back in May.

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